if you are looking for a new coin for you to do investment must pay attention to the price development that occurs on the coin, the second is to see the history of the sale and purchase transaction of the coin, if many transactions mean it is very suitable for transactions, so choose coins with active transactions to avoid coins scam
Price is not everything when it comes to choosing a coin, and sure even though investing in an overbought market is not a good idea, as you will want to be taking advantage of the dip, at the same time, you should really be considering the fact where you need to check out a lot about the project idea and product that is backing up the coin that you want to invest in for long as that is what really counts to me as far as I am concerned. There are plenty of shit coins in the market with very few of them having products, so in that case, you really want to do your due diligence. 
Topic: how to choose a new coin - page 14. (Read 4528 times)
Choosing the new coin to invest is really hard to know if it is good or not but you have to deal of reading and researching his background to prevent from losing any investments you invested to it. And I think investing to a new currency is also a profitable just like an old currency that we have in our wallets.
When choosing, you need to understand that what is written on the official site or the Whitepaper project does not always reflect an objective picture. If the coin is interesting, then it is actively discussed in groups on social networks, on websites.
you should spend some time to chose proper coin. first I recommend you to buy coins from top20 coinmarketcap. then read news, announcements, watch telegram chats and only then buy.
You should make a good investigation before investing in any coin. Research their website, check the team members, the developers and so on. Moreover, you will need to read the most important documents of an ICO. Than you will need to check the community numbers and the ratings.
There are many factors to consider when choosing an investment project. Personal research is very important, but in a crypto world where SCAMs are dominant, even research is not enough to choose a good project. If you want short-term profit, but where the risk is higher, choose an ICO project. If you invest in a project and want safety, choose a TOP project on the coinmarketcap, but the profits will come for a long time. Read the whitepaper of the project, read the team's experience, discuss with them different key ideas on the telegram. Explore how your project is being promoted. Good luck!
as we know that there are too many coins in circulation.
What do you think of choosing a good coin to be used as an investment?
What do you think of choosing a good coin to be used as an investment?
First and main feature that should be checked is the demand for product which is backing certain coin. If it is demanded, chances for success are high.
as we know that there are too many coins in circulation.
What do you think of choosing a good coin to be used as an investment?
What do you think of choosing a good coin to be used as an investment?
There are two choices for you:
- First: coins which have volumn transaction and market cap are big (coins is in the top position on Coinmarketcap), but to earn good profit, you should have a huge investment money
- Second: new coins which often have volumn transaction and market cap are small but when it go up, your money can be multiple 5 -10 times, even up to 50 or 100 times, but however, you can lose everything when it is not pumped price anymore
I think you need to look at their white paper and read it carefully, it's really important to a project, if their group is well known, their project will be easier to succeed.
Analyze the project, the only way you can choose a really good coin. Or you can choose to buy coins from the top 20 - 30 coins.
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if you are looking for a new coin for you to do investment must pay attention to the price development that occurs on the coin, the second is to see the history of the sale and purchase transaction of the coin, if many transactions mean it is very suitable for transactions, so choose coins with active transactions to avoid coins scam
When team is full of advisors and marketing specialists, it may attract a lot of money, but is token will loose value in several month. Stability is the key.
Skills and previous projects of the team may tell you a lot about future of the project. If they are not able to handle with tasks, project will be dead soon.
For short term investment it is better to choose good new coin because new coin can be take much bigger value in start. You can earn instant profit in that time but you should know that it is actually very risky, many of them will disappear in no time. But if your're a new comer it is better use existing good coin like Ethereum, Neo this investment definitely will rise and give you a profit and also this coins are also good for long term holding. When you are choosing new coin always look at the circulating supply and the volume and check if the trade is active.Read the possibilities and markets in the existing real economy it will help to get an idea of the future price. When you are looking for good ICO then check out rating, Check their road map, whitepaper and comments of experts.And You need to follow some professional and experienced investors on twitter, they do post their recommendations.
Check out "Coins to Watch" series by CoinCodex:
https://coincodex.com/article/2420/top-3-coins-to-watch-september-30-october-7-2018/
https://coincodex.com/article/2420/top-3-coins-to-watch-september-30-october-7-2018/
Did it have an ICO?
Is there a founder’s reward?
Is there no hard cap on coin creation?
Was there a premine?
Did you learn about it through a paid advertisement?
Does it fail to create a new usage case for crypto?
If the answer to any of those questions is “yes” then you should probably choose a different coin.
Is there a founder’s reward?
Is there no hard cap on coin creation?
Was there a premine?
Did you learn about it through a paid advertisement?
Does it fail to create a new usage case for crypto?
If the answer to any of those questions is “yes” then you should probably choose a different coin.
Totally agree
there are a lot of coins with small market cap ,mining pow, no premine, limited supply, active dev...a coin similar to litecoin,vertcoin or viacoin...as I just wrote in another thread I regret I did not get bought coins like litecoin,vertcoin or viacoin when they were very very low in 2015...today before it's too late I'm continuing to buy ELICOIN mined with CPU ( so it's accessible to all ) for example...only trade it on Crex24 for now....i think it's a good "lottery ticket" to buy for 50$ or 100$ before it's too late....this is the secret....do your research...
In choosing coins, I always look at the price it is usually traded with. I also look at the roadmap and the graph of the coin. After all these, I try to check how potential the coin is and how it will positively affect my income.
It has become very difficult to do now. Now there are a lot of scam projects and it's very difficult to compete with them. It seems to me that there is no point in investing in new projects, as long as there is no system that will recognize good projects like Menlo.one.
i think the most of the scam project is dead. the market are well shaken off them. probably look out the next wave of scam coin. you might can hit and run during the early stage before it short by scammer them selves.
Must be no waves token..there is all scams and fakes.
Choosing a new coin to invest in is the worst and the hardest way to choose since there are a lots of new coin and keep growing day by day.
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